Correlate Energy (OTCQB: CIPI), a growth-oriented distributed energy company, has successfully completed the commissioning of a solar project for American Tire Distributors (“ATD”). The project is located at ATD headquarters in Huntersville, North Carolina. Correlate Energy and ATD collaborated on the rooftop solar project, which reflects ATD’s commitment to operate in an environmentally responsible way. The announcement noted that, in addition to the environmental benefits, the system is projected to result in substantial cost savings for ATD by reducing the company’s reliance on traditional energy sources. Specifically, the company anticipates that during the next two decades, the innovative solar system will reduce CO2 emissions by an estimated 5,463 tons, which is the equivalent of emissions produced by some 12,442,130 miles of car travel. ATD has more than 120 distribution centers nationwide. “We are thrilled to unveil this remarkable project, reflecting our dedication to providing clients with best-in-class sustainability solutions and reducing their carbon footprint,” said Correlate Energy CEO Todd Michaels in the press release. “Completing this project at another nationally recognized headquarters building is a major milestone as this initiative showcases the powerful link between sustainability and profitability.”
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About Correlate Energy Corp.
Correlate Energy is a publicly traded company strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation. The company employs a three-pronged strategy to create stockholder value from this multitrillion-dollar trend. First, Correlate seeks to finance, develop and profitably sell localized clean-energy solutions and microgrids to industrial, commercial and residential customers. Second, Correlate plans to retain ownership of some of these energy systems and thereby realize ongoing, reliable cash flow. Third, Correlate seeks to acquire proven renewable energy companies in order to exponentially grow earnings per share for investors. Correlate’s management and board consist of industry experts who, during their careers, have successfully financed, developed and installed more than $2 billion of clean-energy projects for their clients. For more information about the company, please visit www.Correlate.Energy.
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